September 16, 2011Posted in: Consumer/Business Services
Borders’ number one competitor, Barnes & Noble, is among the bidders who bought the intellectual property of the Michigan-based Borders Group Inc.
The information has not yet been made public as to what exactly Barnes & Nobel purchased but liquidators sold the trade names of Borders and Waldenbooks, the Borders.com website, Internet domain names and trademarks for $15.8 million, according to the Detroit News.
Borders filed for bankruptcy this past February.
Read more: http://www.detnews.com/article/20110916/BIZ/109160402/1361/Barnes-&-Noble-among-bidders-winning-Borders-name–other-trademarks